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Full-Text Articles in Insurance Law
Contracts-Measure Of Damages-Life Insurance Contract, Howard Van Antwerp
Contracts-Measure Of Damages-Life Insurance Contract, Howard Van Antwerp
Michigan Law Review
When the plaintiff was expelled from defendant Brotherhood an insurance policy issued to the plaintiff by the defendant was canceled and the cash surrender value paid to him in accordance with the terms of his policy. The directors of the Brotherhood later decided that this expulsion had been wrongful, whereupon the plaintiff returned the cash surrender value of the policy and demanded the return of all premiums paid. When this demand was refused, the plaintiff sued to recover damages for wrongful cancellation of his policy. The trial court instructed the jury to return a verdict for the premiums paid with …
Changing The Beneficiary Of A Life Insurance Contract, Grover C. Grismore
Changing The Beneficiary Of A Life Insurance Contract, Grover C. Grismore
Michigan Law Review
A cursory examination of the court reports will reveal that there is a constant stream of cases coming before our courts in which the principal questions at issue involve the disposition of the proceeds of matured life insurance policies. The question arises most often when the insured, having reserved the right to change the beneficiary, had manifested an intention that someone other than the beneficiary named in the policy should receive the proceeds, but had not complied with the formalities prescribed in his contract for effecting a change. Unfortunately, the answer to the question in the particular case has often …